Earthquakes News

Caribbean Catastrophe Risk Facility Receives $2.4 Million from Ireland

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced that the Irish government has approved a $2.4 million contribution to the Caribbean risk pooling fund. “The contribution is the latest addition to the donor fund supporting the CCRIF, which was launched …

Earthquake Reported in Southern Okla.

A magnitude 2.4 earthquake shook southern Oklahoma at 9:41 a.m. on Feb. 15, according to the Oklahoma Geological Survey at Leonard. The OGS said the quake’s epicenter was three miles northwest of Caddo in Bryan County and seven miles southwest …

Explosion Rocks West Texas Refinery

An explosion rocked an oil refinery in Big Spring, Texas, Monday morning in a violent blast that shook buildings miles away. According to various press reports, four plant employees were injured and three contract workers were treated for injuries but …

Preferred Club Program Broadens Club Insurance Coverage

Venture Insurance Programs has broadened the property, general liability and automobile coverages of its Preferred Club Program for golf and country clubs. Highlighting the program improvements are property enhancements, including: Increased tree, shrub & plant limits to $5,000 per tree …

State Auto Offers Enhancements to ID Theft Coverage Program

Columbus, Ohio-based State Auto Insurance Cos. recently announced that it is now offering a comprehensive “Life Stages” identity management program providing free access to proactive and resolution services for all home and farm policyholders. The services are offered in partnership …

Caribbean Cat Risk Facility Announces Changes for Renewals

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced the approval of several new measures to be implemented for the 2008 renewal period. “The changes are all meant to further satisfy the objective of the CCRIF member governments, which is to …

Consumer Groups Challenge USAA Rate Filing

The Greenlining Institute is the most recent consumer protection organization to file a petition with the California Department of Insurance over a proposed rate filing by the United States Automobile Association. Greenlining’s petition joins an earlier petition by the Foundation …

IBA West Installs New Officers

H. Scott Kerns, president of Bay Risk Insurance Services of Alameda, Calif., was installed Friday as president of the Insurance Brokers & Agents of the West during the association’s 2008 Annual Business Meeting. Kerns welcomed IBA members to Oakland, home …

Foley Joins Bliss & Glennon’s Escondido Office

Lisa Foley, ASLI, has joined the Escondido office of Bliss & Glennon Inc. as a broker/underwriter. Foley brings 12 years of experience in the wholesale brokerage community and 17 years in the insurance industry. Foley brokers a wide range of …

Crisis Plan Must Work at Moment’s Notice

The best crisis plan in the world is useless if it sits on a shelf. A company’s employees — from the top down — must be ready to put the plan into action on a moment’s notice. That takes communication …